Progressive markets

Portland, OR -- (SBWIRE) -- 10/10/2017 -- A new Report published by Progressive Markets, titled, "Bioinformatics Services Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2012-2022". According to the report, the global bioinformatics services market accounted for $2,133 million in 2016 & is likely to reach $4,521 million by 2022, growing by 11% from 2017 to 2022.

Porter's analysis provides information on the bargaining power of buyers and suppliers, the threat of substitutes, industry rivalry, and the threat of new entrants. The factors driving the growth of the market include increasing use of advanced technologies in bioinformatics services, opportunities in untapped and emerging markets, wide applications bioinformatics services, and increasing advancement in research and development. However, the factors restraining the growth of the market include cut-throat competition among players and government regulation based issues. These factors are important in planning business growth and for gaining knowledge about the competitive scenario of the market. These factors are vital because they help planning business growth and allow gaining knowledge about the competitive scenario of the market.

The report provides the key findings, trends, competitive landscape and recent industry developments, research methodology used for the study, key segments, drivers & restraints, opportunities, Porter's analysis, information about the global economic impact, and more. The study is a beneficial resource for market players, VPs, investors, stakeholders, and new entrants in the marketplace. It also helps investors gain insights on investment pockets and gain maximum profitability on investments.

On the basis of application, the bioinformatics services market is further divided into microbiome pipeline, annotation, genome assembly, RNA-Seq, metagenome analysis, and custom bioinformatics. An in-depth analysis for each of these segments has been covered in the report. The market has been analyzed across the US, EU, Japan, China, India, and Southeast Asia.

The report also covers a detailed analysis of the key players operating in the global bioinformatics services market. It provides an overview of the companies to guide new market entrants towards achieving growth in the future. It covers the financial & business segments as well as their recent developments in the market. Such information helps investors and players to gauge the level of competition in the global market and implement growth strategies such as acquisitions and mergers, joint ventures, takeovers and more. The key market players profiled in this report include Accelrys Inc., Illumina, Inc., Bruker Daltonics Inc, IBM Life Sciences, Perkinelmer, Inc., Life Technologies Corporation, Nonlinear Dynamics, 3rd Millennium Inc., Quest Diagnostics Inc., Applied Biological Materials (ABM), Qiagen N.V., Agilent Technologies, Biomax Informatics AG, Nxt-Dx, ID Business Solutions Ltd., Geneva Bioinformatics, Strand Life Sciences, GVK Biosciences, Instem plc, Waters Corporation, Strand Life Sciences Private Limited, and others.